LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 31, 1995
TO: Honorable John T. Montford, Chair IN RE: Committee Substitute
Committee on Finance for Senate
Senate Bill No. 410
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
410 (Relating to the delay of certain payments or transfers from
the general revenue fund.; Relating to the delay of certain
payments or transfers from the general revenue fund.; Relating to
the delay of certain payments or transfers from the general
revenue fund.) this office has determined the following:
The bill would restructure the transfer of the Highway Fund
portion of motor fuel taxes collected in June and July of odd-
numbered years. Instead of being made the month following
collection, the affected tranfers would be made between September
5th and September 10th.
The probable fiscal implication of implementing the provisions of
the bill during each of the first five years following passage
is estimated as follows:
Fiscal Probable Revenue Probable Revenue
Year Gain/(Loss) to the Gain/(Loss) to the
General Revenue State Highway
Fund 001 Fund 006
1996 $0 $0
1997 297,323,000 (297,323,000)
1998 (297,323,000) 297,323,000
1999 306,828,000 (306,828,000)
2000 (306,828,000) 306,828,000
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
No fiscal implication to units of local government is
anticipated.
Source: Comptroller of Public Accounts
LBB Staff: JK, RS, DF